ADG Financial Consultants Limited 31/03/2025 iXBRL

Company registration number: 07932770

ADG Financial Consultants Limited

Unaudited filleted financial statements

31 March 2025

ADG Financial Consultants Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

ADG Financial Consultants Limited

Directors and other information


	Director	A Giddings


	Company number	07932770


	Registered office	Office 1 Riverside Court
		24 Lower Southend Road
		Wickford
		SS11 8AW


	Business address	365a Ongar Road
		Pilgrims Hatch
		Brentwood
		CM15 9HU


	Accountants	Hill Allen (Wickford) Limited
		Office 1 Riverside Court
		24 Lower Southend Road
		Wickford
		SS11 8AW

ADG Financial Consultants Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	376,220		375,000
		_______		_______
			376,220		375,000

Current assets
Debtors	6	11,578		10,211
Investments	7	331,656		331,656
Cash at bank and in hand		217,512		151,589
		_______		_______
		560,746		493,456
Creditors: amounts falling due
within one year	8	( 35,197)		( 18,340)
		_______		_______
Net current assets			525,549		475,116
			_______		_______
Total assets less current liabilities			901,769		850,116

Creditors: amounts falling due
after more than one year	9		( 303,793)		( 306,328)
			_______		_______
Net assets			597,976		543,788
			_______		_______

Capital and reserves
Called up share capital			76		76
Fair value reserve			46,196		46,196
Profit and loss account			551,704		497,516
			_______		_______
Shareholders funds			597,976		543,788
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 04 December 2025 , and are signed on behalf of the board by:

A Giddings

Director

Company registration number: 07932770

ADG Financial Consultants Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Office 1 Riverside Court, 24 Lower Southend Road, Wickford, SS11 8AW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

	Fixtures, fittings and equipment	Freehold Property	Total
	£	£	£
Cost
At 1 April 2024	10,803	375,000	385,803
Additions	1,627	-	1,627
Disposals	( 1,199)	-	( 1,199)
	_______	_______	_______
At 31 March 2025	11,231	375,000	386,231
	_______	_______	_______
Depreciation
At 1 April 2024	10,803	-	10,803
Charge for the year	407	-	407
Disposals	( 1,199)	-	( 1,199)
	_______	_______	_______
At 31 March 2025	10,011	-	10,011
	_______	_______	_______
Carrying amount
At 31 March 2025	1,220	375,000	376,220
	_______	_______	_______
At 31 March 2024	-	375,000	375,000
	_______	_______	_______

Tangible assets held at valuation

The freehold propery was valued by the director at the accounting period end date based on comparable properties sale prices.

6. Debtors

	2025	2024
	£	£
Trade debtors	9,332	7,964
Other debtors	2,246	2,247
	_______	_______
	11,578	10,211
	_______	_______

7. Investments

	2025	2024
	£	£
Other investments	331,656	331,656
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	3,358	3,868
Corporation tax	29,208	11,808
Other creditors	2,631	2,664
	_______	_______
	35,197	18,340
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	295,438	297,973
Corporation tax	8,355	8,355
	_______	_______
	303,793	306,328
	_______	_______

10. Controlling party

The company is controlled by the director, A Giddings , by reason of their shareholding.